No ban on airtime borrowing, data services — FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) says the Commission did not ban airtime borrowing and data advance services in Nigeria.
The FCCPC made...
Naira dips slightly at official market, settles at N1,343.6
The Naira ended the week on a mildly negative note at the official foreign exchange market, depreciating to N1,343.63 against the U.S. dollar on...
CBN, FMDA launch new overnight benchmark rate for money market
The Central Bank of Nigeria (CBN) and the Financial Markets Dealers Association (FMDA) have jointly introduced the Nigerian Overnight Financing Rate (NOFR), a new...
Stocks extend rally, add N3.39trn in nine-day gain
The Nigerian stock market sustained its bullish momentum on Friday, recording a ninth consecutive session of gains as market capitalisation surged by N3.391 trillion.
The...
EFCC witness contradicts himself in SunTrust MD’s $12m trial
A prosecution witness in the money laundering trial of SunTrust Bank Managing Director Halima Buba and her co-defendant, Innocent Mbagwu, contradicted himself under cross-examination...
MAN rejects World Bank fuel import proposal, warns of deindustrialisation risk
The Manufacturers Association of Nigeria (MAN) has criticised a recommendation by the World Bank to reinstate petrol import licences, warning that such a move...
Ericsson records 10% EMEA growth despite profit dip in Q1 2026
Ericsson has reported solid growth across Europe, the Middle East and Africa (EMEA), even as its overall earnings declined in the first quarter of...
Awujale stool: Police invite kingmakers over bribery claims
The Ogun State Police Command has again invited nine Ijebu-Ode kingmakers to its headquarters in Eleweran, Abeokuta, for questioning over allegations of bribery and...
Polish stadium cancels Kanye West concert
A Kanye West concert scheduled to take place in a stadium in Poland in June was cancelled by the venue on Friday, April 17,...
2027: Why Tinubu should be scared — ADC
The African Democratic Congress (ADC) has cautioned President Bola Ahmed Tinubu to brace for a potential electoral challenge in 2027, attributing growing public dissatisfaction...
